Verona Pharma plc (VRNA): A Bull Case Theory

We came across a bullish thesis on Verona Pharma plc (VRNA) on Value Investing Subreddit Page by loud_keyb. In this article, we will summarize the bulls’ thesis on VRNA. Verona Pharma plc (VRNA)'s share was trading at $67.50 as of March 4^th. VRNA’s forward P/E was 434.78 according to Yahoo Finance.

[caption id="attachment_1235006" align="aligncenter" width="768"] A scientist working in a laboratory performing tests on a newly developed biotechnology drug.[/caption]

Verona Pharma (VRNA) has reported strong Q4 earnings, reinforcing the bullish case for its long-term growth. CEO...